2 Feb 2005
SHIN HO ELECTRIC WIRE & CABLE CO LTD AND ANOTHER v. HITACHI CABLE, LTD AND OTHERS
- Citation
- SHIN HO ELECTRIC WIRE & CABLE CO LTD AND ANOTHER v. HITACHI CABLE, LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2979/2004
The petition was struck out because, assuming the facts pleaded, the petitioners had the means under the Articles and Joint Venture Agreement to prevent or remedy the complained-of conduct (50% shareholding with blocking rights), the principal complaints either did not concern the company’s affairs, were unexecuted proposals or ordinary commercial disagreements, and the inspection-related complaints were properly ventilated in separate proceedings; accordingly the petition disclosed no reasonable cause of action and was an abuse of process.